Ellsworth American. [volume] (Ellsworth, Me.) 1855-current, 1887-05-05

the time Of the loan. II the borrower hesletts ~
offer security satisfactory % the directors within
the time presr ibet by the bylaws. his night To ths
loan shan he forfeited, and he shall be ctArEed
with one months interest and one month pre-
MUM NJ the rate bid by him, together with all
s1nensas If any incurred, and the money appro-
pria:ei FOR snch loan may be relOsned at the next
or any subsequent meeting.
section ii3 borrower may repay loan NJ
ANY time, upon application to the association,
whcreupoa, on settlement of his account, he snail
he CHARGED with the full amount of the original
loan together with all monthly !nsiameuts OF
interest premium, and fncs in arrears, and shan
be given credit for the Withdrawing value OF hls
shares pledged ana transferred security, and The
balance shall be received by the association in tui
satistlrtion and discharge of said loan, PROVIDED
that all settlements made at periods intervening
between stated meetings Of the dlFectors shal be
made a. Of the date Of the stated meeting next
succeeding such settlement; and PROVIDED th%' q
borrower desiring To retain his shares AMI member
ship may, at his option, repay his loan "ihout
claiming credit for his shares, whereupon taid
shares shall be re-transterred 10 him and shan bo
free from any claim by reason OF sad cthceiei
section IA Members who make default In the
payment OF their monthly dues. interest and pre-
iniuns shall he charged a ane not cXoeei1hE W.
pe- cent a month on each dollar in arrears No
hnes shall be charged AFTER The expiration q ~
months from the hr-t laps" iH any 'u'h ll4FfutL',
nor uron line in arrears. The shares Of member
who continues in arrears more than SIX tH"H'its
shall at the optOn OF the .TrCtorS # the member
fails % pay the arrears within tIiT;y '3ts Ail''
notice h. te.ared forfeited, and the w!ihdrA"'n
vAlf = tte s,'i .-I a,trT alH tir, ali 3nrs
and other legal charges, the balance t'ut1AH,'
-, 80 -, -, ,.,,,,,,, 4, tfa credit Of the
- i. -! - So member II no, A Dor
rover, shall be entitled, upon thirty days hou1e,
u, III, W., th -. ~ tLa tran-ter IN III. order
~ ~, tnrn ant of the funds appropriated to the
PHyint'l "a " III 80 -, tsrtigira,a in any
va ~, &s;a,iI, AGO. tIing alter the Inst
PiU-'9 " 'NS ,t+'t," =, 80 L.f,rs aid
~ .'0"' 49,
u'i s -, ,,x ~ a horro1;n- rna,,b.r i in ar
- -. - -, ,,y.,,i,tI7,. or zines for more
' 80 - - a. -. ma, a. their dis
80 80 - i"iH ~ -. f,rt.tted after one
cretVl, uttUtIc .Ne sl.i9 , r,rtt,,,. ,.,,r,siJ
1 -, 49, h-a,,,,,. ~ sb,D No.,
M .oI"t :, TX. ~ ~ intrr.t prrulfilrns
" w - ~ ~ tt,ta ~ ~, .harr. sh9u
ana h"ss 70 'A1e % 10 80 - - r,,,r,
oe t'eH!StH u'"" w .t,"o,t nav aII MI
Ea1ue. ne pA'SiCe v. 80. -, -, H.. .rr ~
- l'e'ts'7 - - 81, ,,r,-t.a.,-,.y. IN e,uItv
" Any ga -o.'to4' - ~ - NH, .i,".7 lt-..t.r
~ say az ~ 49,, =. ~. .,,,,-..,rs a, :,
p,ns noi.vy b. Tr,,sca upou b,I or nett
superior CpuFe' I" "' - - ~, -. a.. IL,
tIp' ~ '''i 80 +'.,.i,,i - ,,',,,cff hall ~
whereof i"' Co'i - Ntl - - r -. =, -, -,
vert 70 me cor I'Vrat'ou' nv II 80 ~, - ~
a.! interest, cam Y uo'li i,t ,.PP -, n,itr
borrower OF al! Pei'o' '-A''A--'o 800 =
nun a., 49, - d,,h - q. .horeboI4sr
Tt't'oh 10 pou u' - -, - :, - ,n
us "a 49, - az 10 T.-,esz.J
.uV ailoIil. - "a 5,,,is1 ~ s,ctinn an. nm
- 70 - 60 1870 1919 = y ,ra,,sI ~ .harn.
1 tf.,
A. me- sAli &c S, , ~ ~ al air Ii. d.
dert|iSen lie'i1-i a. 49, -. ,-s,,,s ~,
'.-Nc' ''li'o' - - 49, r. ,,,,y
future pay iheitl' on sHlH -. -. -
hsSu!he 9hd,i eIAc aAihe ''HH,' 49, - Va
uetca9f'i' .loteiI Ie1 ~ III ~ ~ r,,iyes .,
tIc'elsta 'liAi !, -, -, - ,,r ~
the case may pe' sllA'L ucetpru - ~ -, $500
anu DC tAstEtou'eu ~ INC $40 -. ' - =,
IeSctNe ti'in P'ito' % - 80 " $50
OF deceased person nov uocS W NV: - o-,
section ~. Inc genefs. accounts g. o. ereIy
such ASSOCIATION suAtl W hrP' y! douoto 60
A! moneys Fecei'eu " t44e as9o' tH'-on tto go
Iheitti, snAii oe l'e' ~. ~ 1900 20
hhtcd pY tue uIreC'ota III P'.ASpOo4 p 80. ~
the ASSOCIATION iot VIC use u, A--t ~ &c - ~
Tue EeLhVot' A4u Aalu iAI oOon So - t 80
HiAFhed WIN INC nAiAo atd io'lNSLI ~ Va 'Io ~
tAefeot' we hulA"eL q $50 80 y - =.
sue uuihpef o. ue9IS'llA'oI - ~ - &C. 40 -, - T. =,
winch taiu SHARES tespeSti'ey SeIohB anu tlie 49,
OF the Issue OF sich series Al uionoys %
shau De Originally ehseFea ~ the PfoPeI o,-set II.
oooA 70 oc taiAod VIC cN-ai ooA' ~ = ~ -.
oy the AasoclatIoh LOT tue pun Poec' Aii VIC eut4
therein sAAA De 50 maze a. 70 SNOW me uahc % Euo
payer the humber OF tAe snAfes, tne nuihoct oi
designation OF the series or issues oi tAr PAi Lu
lar snare or shAfes 50 ehteleu tose'hei WIN ule
amouhtot cues interest premiums au uileS tAiI i
tAtTeoh Is inc case ulAy pe r-ach pa lIns sL--ti
be cllsoned ana entered ID column ue'oveu 70 rs
anna. SAu cash pooh shnIA pe C.s.u oh t,i " neS
Gay OF the month III WHICH cam e.AHeu - -
ueu anu 5hA44 oe al eAilo1t "a LAG io|e VI a.
moneys PAID by shareholders daring SAD month
All payments made ~ the ASSOCIATION ior any pur-
pose whatsoever shall De by oruef, checK OF dalt
upon the treasurer slgned oy the presiuehI Aho
secretary, anu Lhuorsed py tne persons ~ "uuso
favor the same are drawn Inc name OF the payee'
the amount paid anu the purpose, OBJECT or thing
for ~hlch the payment Is tnaue, tosether Win Us
GATE; SHALL De entered on the hhsih OF st1u oruer,
check or draft The treasurer shall dispose OF and
and property OF the corporation, IN the manner
designated by the bylaws and the treasurer ana